Both spot and front-year coal prices recorded gains, as Glencore seeks to suspend operations at its Prodeco unit in Colombia for up to four years. Producers in both Colombia and Russia have recently taken steps to limit output, to help reduce market ov…
Weekly Coal Index Report Read More »
Mid-tier gold miner Gran Colombia has increased its equity position in explorer Western Atlas Resources, which focuses on an exploration project adjacent to Agnico-Eagle’s mines in Nunavut.
Gran Colombia increased its stake to about 25.8% through a no…
Gran Colombia ups stake in Western Atlas Read More »
Canadian gold major Barrick expects to meet its production guidance for 2020, despite the impact of the global Covid-19 pandemic and resultant lockdowns, CEO Mark Bristow said on Thursday.
The group reported preliminary second-quarter gold production …
Barrick first-half output at midpoint of 2020 guidance Read More »
Mining Weekly Editor Martin Creamer unpacks the ANC’s call for the incentivisation for investors in mining exploration, the International Council on Mining & Metals convening knowledge-sharing sessions in response to the coronavirus and Pan African…
Incentivisation, coronavirus, solar PV make headlines Read More »
The US coal industry has weakened after taking the brunt of lower electricity demand and is highly vulnerable to resurgent coronavirus infections that could further reduce demand for coal in a downside scenario, says Moody’s Investors Service.
The org…
US coal industry vulnerable to resurgent coronavirus infections Read More »
The Santander mine, in Peru, is reopening, with additional Covid-19 health controls in place.
Vancouver-headquartered Trevali Mining on June 25 suspended mining and milling operations to provide Covid-19 screening for all workers, after 19 tested posi…
Trevali restarts Santander Read More »
TSX-V-listed Golden Predator Mining is accelerating work on the Phase 2 plan for the Brewery Creek mine restart, following the positive progress during the Phase 1 work that focuses on reprocessing of existing heap leach material.
The Phase 2 study wi…
Golden Predator accelerates Brewery Creek plans Read More »
Advocacy group Save Canadian Mining (SCM) remains hopeful that the “tick test” – a regulatory restriction that prevent investors from shorting a stock as it is on a downward trajectory – will be reinstated.
In its response to 47 policy proposals conta…
Save Canadian Mining remains hopeful ‘tick test’ will be reinstated Read More »
TSX-V-listed exploration and development company Southern Empire Resources on Monday announced that it would buy fellow-listed MAS Gold, which has two advanced stage gold deposits in the La Ronge gold belt of Saskatchewan, Canada.
The North Lake depos…
Southern Empire to buy MAS Gold Read More »
US headquartered metallurgical coal producer Ramaco Resources on Monday announced the partial closure of its Berwind low-volatile development mine complex, on the border of Virginia and West Virginia to align its production with the weakened market.
A…
Ramaco reduces staff numbers as it partially shuts met coal mine Read More »
